2023-07-12 08:06:00
The charity auction celebrates its tenth anniversary this year. 73 watchmakers are participating through 62 unique lots sold on November 5 in Geneva.
By Arthur Frydman TRILOBE RECONCILIATION – TRILOBE RECONCILIATION © TRILOBE Published on 07/12/2023 at 08:06
Only Watch is back. For this tenth edition, enthusiasts and collectors will once again compete to win one of the 62 exclusive pieces designed by the big names in watchmaking, for a good cause. Indeed, since its creation in 2005 by Luc Pettavino – under the high patronage of HSH Prince Albert II of Monaco – the auction orchestrated by Christie’s is the only one of its kind in bringing together only watches produced as unique pieces. . These are offered by the brands and then dispersed during a biennial sale which donates 98% of its earnings to the Monegasque Association against Duchenne muscular dystrophy, a progressive disease which prevents muscle fibers from regenerating. An affection of which Paul, the son – since deceased – of Luc Pettavino, was at the origin of the project.
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Expected records
Since its creation, nearly 100 million euros have been raised, enabling the creation of start-ups and the filing of patents related to the development of drugs to treat neuromuscular diseases. ” We can’t get tired ofOnly Watch. We are preparing for the 10th edition, yet all participating brands, partners, media, collectors, donors, supporters, and we, the organizers, feel joy and excitement because we know full well that it will once again be a eternal festival of creativity where generosity will meet other generosity to do good to others in need and, therefore, to ourselves “says the founder.
Each edition brings its share of records. In 2019, Christie’s sold for 28.2 million euros – 14 times its low estimate – a Patek Philippe Grandmaster Chime, the most expensive wristwatch in the world. In 2021, the Geneva brand was once again in the spotlight with an inclined table clock with a perpetual calendar sold for 8.5 million euros, an amount never before reached at auction for such an object. Also note the result of the FFC Blue produced by FP Journe and imagined by director Francis Ford Coppola, which sold for 4 million euros. Undoubtedly, this anniversary section, which will be held in Geneva on November 5 and will feature 62 top-flight references, promises many surprises when the hammer falls.
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